Description

Business Ethics Governance and Risk
June 2024 Examination
Note: This assignment is application based, you have to apply what you have learnt in this
subject into real life scenario. You will find most of the information through internet search
and the remaining from your common sense. None of the questions or answers appear
directly in the textbook chapters but are based on the concepts and content covered in the
chapters or live sessions, directly or indirectly.
1. “Business should provide goods and services in a manner that is sustainable and safe.”
Prepare an executive summary (in your own words) to showcase how the company is
delivering on this Principle 2 of the National Guidelines on Responsible Business Conduct
(NGRBC) from the Business Responsibility & Sustainability Report – 2022-23 (BRSR) of a
company of your choice. Choose any ONE listed company from the BSE/NSE list of top 100
companies by market capitalization. You must mention the name of the selected company
and include the weblink to its BRSR. (You may also refer to the company website or its
sustainability report for additional information on this principle and its indicators) DO
NOT copy paste. (10 Marks)
Ans 1.
Introduction:
Reliance Industries Limited (RIL) stands as a beacon of corporate responsibility and sustainability
in India’s business landscape. As one of the top companies listed on both the Bombay Stock
Exchange (BSE) and the National Stock Exchange (NSE), RIL has garnered not only financial
success but also recognition for its unwavering commitment to responsible business conduct.
Principle 2 of the National Guidelines on Responsible Business Conduct (NGRBC) emphasizes
the importance of providing goods and services in a manner that is sustainable and safe, a
principle deeply ingrained in RIL’s corporate ethos. The Business Responsibility & Sustainability
Report (BRSR) for 2022-23 offers insights into RIL’s efforts in this domain, reflecting its
dedication to sustainable practices and ensuring the safety of its operations. This executive
summary will delve into RIL’s initiatives and practices, shedding light on how the company has
It is only half solved
Get Complete assignment help from us
Price – 290/ assignment
NMIMS Complete Solved Assignments
Available for session JUNE 2024
The last date is 29th MAY- 2024
Our assignment help is affordable
Our goal is to provide you with the best and the cheapest services
Contact No – 8791514139 (WhatsApp)
OR
Mail us- [email protected]
Our website – www.assignmentsupport.in
Online buy – https://assignmentsupport.in/shop/
2. Go through the ‘Corporate Governance’ section in the annual report (FY2022-23) of the
company selected in Q1 and prepare an analytical write up (in your own words) on its
corporate governance philosophy, each board member’s profile analysis in terms of whether
they are executive, non-executive, or non-executive & independent, their skillsets/
competencies, the committees they are a part of in this company and their other board
positions outside of this company. Conclude with your analysis/insights about the
contribution that these board members make to their fiduciary duty of care and diligence as
‘trustees of social wealth’ on the board of this listed company. (You must go through their
profiles as given on the company’s website in ‘investor’ section for additional relevant
information). You must mention the name of the company and include the weblink to its
annual report 2022-23. (10 Marks)
Ans 2.
Introduction:
Corporate governance stands as a cornerstone of Reliance Industries Limited’s (RIL) operational
framework, ensuring transparency, accountability, and ethical conduct. RIL’s Annual Report for
the fiscal year 2022-23 offers a glimpse into its governance philosophy and the composition of its
board of directors. As a company of immense stature in India’s corporate landscape, RIL’s
governance practices play a pivotal role in shaping its strategic direction and maintaining
stakeholders’ trust. This analytical write-up aims to dissect RIL’s corporate governance ethos,
analyze the profiles of its board members, and evaluate their contributions as custodians of social
wealth. By exploring these dimensions, we can gain deeper insights into how RIL navigates the
3. You are a sales manager in a mid-size IT company selling IT hardware. The purchase
manager for a large company agrees to give you an order of Rs. 50 lakh (their first order
with you) on the condition that you will agree to make a Rs. 50,000 donation to his favorite
charity (NGO) that is supporting a local youth sports team being managed and trained by
his wife.
a. What according to you is/are the ethical dilemma/s in this situation? (5 Marks)
Ans 3a.
Introduction
In the scenario presented, an ethical dilemma arises for the sales manager of a mid-size IT
company. The purchase manager of a large company conditions a Rs. 50 lakh order on the sales
manager agreeing to make a Rs. 50,000 donation to his favorite charity, which supports a local
youth sports team managed and trained by his wife. This situation poses several ethical
b. Explain the step wise process of how will you handle this situation? (5 Marks)
Ans 3b.
Introduction:
Handling the ethical dilemma presented in the scenario requires a thoughtful and systematic
approach to navigate through the complexities involved. As a sales manager in a mid-size IT
company, it is imperative to uphold ethical standards while also effectively managing business
relationships. This step-by-step process outlines how to address the situation ethically and